👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Germany stocks lower at close of trade; DAX down 2.06%

Published 11/12/2024, 12:05 PM
Updated 11/12/2024, 12:10 PM
© Reuters.  Germany stocks lower at close of trade; DAX down 2.06%
EUR/USD
-
DE40
-
DX
-
GC
-
LCO
-
MDAXI
-
TECDAX
-
V1XI
-

Investing.com – Germany stocks were lower after the close on Tuesday, as losses in the Pharmaceuticals & Healthcare, Chemicals and Industrials sectors led shares lower.

At the close in Frankfurt, the DAX declined 2.06%, while the MDAX index declined 2.10%, and the TecDAX index lost 0.85%.

The best performers of the session on the DAX were Infineon Technologies AG NA O.N. (ETR:IFXGn), which rose 3.66% or 1.09 points to trade at 30.85 at the close. Meanwhile, Rheinmetall AG (ETR:RHMG) added 1.59% or 9.00 points to end at 574.00 and Sartorius AG VZO O.N. (ETR:SATG_p) was up 0.17% or 0.40 points to 230.00 in late trade.

The worst performers of the session were Bayer AG NA (ETR:BAYGN), which fell 14.50% or 3.54 points to trade at 20.88 at the close. Brenntag AG (ETR:BNRGn) declined 8.16% or 5.02 points to end at 56.50 and BASF SE NA O.N. (ETR:BASFN) was down 4.28% or 1.89 points to 42.38.

The top performers on the MDAX were Hypoport AG (ETR:HYQGn) which rose 1.62% to 226.00, Hensoldt Ag (ETR:HAGG) which was up 1.13% to settle at 35.74 and TeamViewer AG (ETR:TMV) which gained 0.74% to close at 11.50.

The worst performers were United Internet AG NA (ETR:UTDI) which was down 17.57% to 15.62 in late trade, Aurubis AG (ETR:NAFG) which lost 7.09% to settle at 76.00 and Nordex SE O.N. (ETR:NDXG) which was down 5.86% to 11.56 at the close.

The top performers on the TecDAX were Elmos Semiconductor AG (ETR:ELGG) which rose 4.06% to 66.70, Infineon Technologies AG NA O.N. (ETR:IFXGn) which was up 3.66% to settle at 30.85 and SUSS MicroTec SE (ETR:SMHNn) which gained 1.16% to close at 52.20.

The worst performers were United Internet AG NA (ETR:UTDI) which was down 17.57% to 15.62 in late trade, Cancom SE O.N. (ETR:COKG) which lost 10.22% to settle at 22.84 and Evotec AG O.N. (ETR:EVTG) which was down 8.97% to 8.11 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 485 to 142 and 30 ended unchanged.

Shares in Bayer AG NA (ETR:BAYGN) fell to 5-year lows; losing 14.50% or 3.54 to 20.88. Shares in Rheinmetall AG (ETR:RHMG) rose to all time highs; up 1.59% or 9.00 to 574.00. Shares in Brenntag AG (ETR:BNRGn) fell to 52-week lows; losing 8.16% or 5.02 to 56.50. Shares in United Internet AG NA (ETR:UTDI) fell to 52-week lows; down 17.57% or 3.33 to 15.62. Shares in United Internet AG NA (ETR:UTDI) fell to 52-week lows; falling 17.57% or 3.33 to 15.62. Shares in Cancom SE O.N. (ETR:COKG) fell to 52-week lows; down 10.22% or 2.60 to 22.84.

The DAX volatility index, which measures the implied volatility of DAX options, was down 0.52% to 15.37 a new 1-month low.

Gold Futures for December delivery was down 0.58% or 15.20 to $2,602.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.51% or 0.35 to hit $68.39 a barrel, while the January Brent oil contract rose 0.47% or 0.34 to trade at $72.17 a barrel.

EUR/USD was down 0.53% to 1.06, while EUR/GBP unchanged 0.56% to 0.83.

The US Dollar Index Futures was up 0.57% at 106.06.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.